SPRL PREFERENCE S.F.: what changed
SPRL PREFERENCE S.F.
Largest movements
- Receivables within one year -€4,183
down €4,183 (-11.5%), from €36,312 to €32,130
of which Trade receivables: -€10,012
- Cash -€3,777
down €3,777 (-2.5%), from €153,437 to €149,660
mainly Net result for the year (-€7,385) and Investment in fixed assets (net) (-€2,314)
- Reserves -€8,000
down €8,000 (-6.8%), from €117,160 to €109,160
of which Distributable reserves: -€8,000
- Trade debts +€2,189
up €2,189 (+5.2%), from €42,114 to €44,303
- Gross operating margin -€15,806
down €15,806, from €8,219 to -€7,588
- Financial income +€3,945
up €3,945 (+331%), from €1,191 to €5,136
- Taxes -€1,840
down €1,840 (-91.5%), from €2,010 to €170
- Financial charges +€1,442
up €1,442 (+98.2%), from €1,468 to €2,909
- Depreciation -€764
down €764 (-29.2%), from €2,618 to €1,854
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,964 | €185,412 | -€7,552 | -3.9% |
| Fixed assets | 21/28 | €3,162 | €3,622 | +€460 | +14.6% |
| Tangible fixed assets | 22/27 | €3,101 | €3,561 | +€460 | +14.8% |
| Furniture and vehicles | 24 | €3,101 | €1,261 | -€1,840 | -59.3% |
| Other tangible fixed assets | 26 | - | €2,300 | +€2,300 | |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €189,802 | €181,790 | -€8,013 | -4.2% |
| Amounts receivable within one year | 40/41 | €36,312 | €32,130 | -€4,183 | -11.5% |
| Trade receivables | 40 | €31,322 | €21,310 | -€10,012 | -32.0% |
| Other amounts receivable | 41 | €4,990 | €10,820 | +€5,830 | +117% |
| Cash at bank and in hand | 54/58 | €153,437 | €149,660 | -€3,777 | -2.5% |
| Deferred charges and accrued income | 490/1 | €53 | - | -€53 | |
| Total equity and liabilities | 10/49 | €192,964 | €185,412 | -€7,552 | -3.9% |
| Equity | 10/15 | €136,029 | €127,802 | -€8,226 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €117,160 | €109,160 | -€8,000 | -6.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €115,300 | €107,300 | -€8,000 | -6.9% |
| Profit (loss) carried forward | 14 | €269 | €42 | -€226 | -84.3% |
| Amounts payable | 17/49 | €56,936 | €57,610 | +€674 | +1.2% |
| Amounts payable within one year | 42/48 | €56,936 | €57,610 | +€674 | +1.2% |
| Trade debts | 44 | €42,114 | €44,303 | +€2,189 | +5.2% |
| Suppliers | 440/4 | €42,114 | €44,303 | +€2,189 | +5.2% |
| Taxes, remuneration and social security | 45 | €11,118 | €10,072 | -€1,046 | -9.4% |
| Taxes | 450/3 | €11,118 | €10,072 | -€1,046 | -9.4% |
| Other amounts payable | 47/48 | €3,704 | €3,235 | -€468 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,618 | €1,854 | -€764 | -29.2% |
| Gross operating margin | 9900 | €8,219 | -€7,588 | -€15,806 | |
| Operating profit (loss) | 9901 | €5,601 | -€9,442 | -€15,042 | |
| Financial income | 75/76B | €1,191 | €5,136 | +€3,945 | +331% |
| Recurring financial income | 75 | €1,191 | €5,136 | +€3,945 | +331% |
| Financial charges | 65/66B | €1,468 | €2,909 | +€1,442 | +98.2% |
| Recurring financial charges | 65 | €1,468 | €2,909 | +€1,442 | +98.2% |
| Profit (loss) for the period before taxes | 9903 | €5,324 | -€7,215 | -€12,539 | |
| Income taxes | 67/77 | €2,010 | €170 | -€1,840 | -91.5% |
| Profit (loss) for the period | 9904 | €3,314 | -€7,385 | -€10,699 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,314 | -€7,385 | -€10,699 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.